Makerere University Retirement Benefits Scheme (MURBS) is a Scheme for Makerere University staff. MURBS was established under irrevocable trusts with effect from 1st April 2009. MURBS was set up by Makerere University for the purpose of providing retirement benefits to employees of Makerere University upon retirement from the University. The Scheme is governed by a Board of Trustees whose fiduciary mandate is enshrined under the Trust Deed and Scheme Rules. MURBS is a Mandatory Employer-Based Scheme that is licensed with the Uganda Retirement Benefits Regulatory Authority (License No. RBS.0005).

MURBS is inviting Eligible Individuals to submit their Expression of Interest to join the MURBS Board of Trustees in the capacity of an Independent Trustee.

Eligibility Criteria for the Independent Trustee of MURBS

Individuals interested in this role should satisfy the following Eligiblity Criteria:

a) Meet the MURBS Fit and Proper Criteria (Download the form from the MURBS website at https://murbs.mak.ac.ug/join-our-team/);
b) A minimum of a Postgraduate qualification in any of the disciplines; Strategy Planning and Management; Pension Administration and Management; Finance or Commerce, Investments; Insurance, Statistics, Actuarial Science, Economics, Mathematics, Literature, or Law;
c) At least 3 years’ experience as a member of the Board of Directors of an entity with assets not less than Ushs 50bn or at least 3 years‘ experience as a Trustee of a Retirement Benefits Scheme whose Fund value is not less than Ushs 50 bn; and,
d) Not a member of staff of Makerere University or a member of Makerere University Council in the last five (5) years.

Submission Deadline: 3:00 pm on 19^th December 2023.

Detailed Terms of Reference to support response to this call can be accessed via the link: https://murbs.mak.ac.ug/join-our-team/ or by sending an email to info@murbs.mak.ac.ug to request the same.